AS THE DOLLAR FALTERS, THE WORLD’S CENTRAL BANKS TREAD A TIGHTROPE — DEVALUE THEIR CURRENCY OR NOT
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✍️ The US dollar has been sliding, leading to a mix of relief and headache for central banks around the world. The decline is expected to continue, with many investors anticipating a decline in the dollar's value over the next 12 months.
👉 The US dollar has weakened by over 9% this year 👉 Most central banks would be happy to see a 10-20% decline in the US dollar 👉 A weaker dollar lowers real debt burden and makes imports cheaper 👉 Emerging market economies may be reluctant to cut rates due to debt burden and capital flight risks
-- #AdamButton #ThomasRupf #NickRees #WaelMakarem #AlexMuscatelli #BrendanMcKenna #UnitedStates #Japan #Switzerland #Europe #Asia #Indonesia #Korea #India #Turkey #China #business
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